TAQA buys Dutch oil stake
United Arab Emirates: Wednesday, September 03 - 2008 at 15:07
The Abu Dhabi National Energy Company (Taqa) has announced the purchase of EnCore Oil Nederland B.V., a wholly owned subsidiary of EnCore Oil plc. The Dutch firm's only asset is a 10% stake in the Amstel field off the Netherlands shore. The deal is valued at $5.5m on completion.
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StaffWednesday, September 03 - 2008 at 15:07 UAE local time (GMT+4)
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